When the shoeshine boys talk stocks it was a great sell signal in 1929

Chi_archie · 12-13-17, 10:02 PM

Where da shine boyz with their shineboxes today?

do we have any here on this forum?

JIBBBY · 12-13-17, 10:05 PM

Harry N. Lloyd · 12-13-17, 10:10 PM

Sell SBR.

dlowilly · 12-13-17, 10:25 PM

dlowilly · 12-13-17, 10:27 PM

I think there is a lot of merit to that philosophy

I just don't think it's at that point. Yeah crypto is talked about a lot on here but your average person couldn't really tell you what a bitcoin is and probably has never heard of ethereum or litecoin

I'm assuming ur talking about crypto markets and not the stock market so I might be wrong

jjgold · 12-13-17, 10:28 PM

Too many good things happening in the economy right now for the stocks to go down

King Mayan · 12-13-17, 10:36 PM

Shit is about to hit the fan

The Kraken · 12-14-17, 12:01 AM

Yup, we will see correction but that goes with the territory. I'd venture that 80% of America has no clue what a Bitcoin is or that you could even buy less than a bitcoin.

Anyways, Bitcoin itself is ancient tech. Newer coins are the way to go, our future lies in a few of them, which ones are anyones guess.

Shute · 12-14-17, 12:15 AM

Kraken
I’d say it’s closer to 99.8%

tony_come · 12-14-17, 12:19 AM

Buy HAL

The Kraken · 12-14-17, 12:32 AM

Originally posted by Shute

Kraken
I’d say it’s closer to 99.8%

Shute, we agree. I went conservative

Mac4Lyfe · 12-14-17, 12:46 AM

Just today a friend of mine was asking me about BTC. He knew nothing about it but thought he had a good idea based on what he's been reading in the Wall Street Journal. He's very skeptical and tried to tell me that EVERYONE is already buying it. I told him to GTFOH, few people really know about it and even less people know who to buy. Ironically, he mentioned the shoeshine quote trying to prove a point that everyone is buying it. Well, I made him a challenge. I told him that I'd give him $500 if he could buy any crypto currency within 4 hours. 4 hours later and he was not able to figure out how to buy any immediately. I told him that if he was too dumb to buy any crypto, what the fukk did he think about the average Joe??? I then pointed him to an ATM 2 blocks away that he could have easily bought with a few dollars.

Everyone has heard of Apple. $10 back in the early 80's is worth several million dollars today. Every shoeshine boy knows about Apple and probably has an Iphone. That still didn't prevent it from gaining 50% of it's value in the last year. Think about that. It took 38 years to get where Apple is today and in just 1 year it's gained half it's entire value.

People with broke attitudes, generally are broke. People who have an abundant mentality, usually find ways to create wealth. They are not threatened by the past or the future, they embrace it and find ways to capitalize, while others sit on the sidelines out of fear.

TheMoneyShot · 12-14-17, 01:42 AM

Do the shoe shiners in Detroit talk about Bitcoin?

If they do... we're all screwed.

ChuckyTheGoat · 12-14-17, 02:02 AM

Originally posted by JIBBBY

Just a moment...

https://getyarn.io/yarn-clip/93687004-280a-4cfe-a693-6245c11f7ea4

ChuckyTheGoat · 12-14-17, 02:04 AM

Originally posted by TheMoneyShot

Do the shoe shiners in Detroit talk about Bitcoin?
If they do... we're all screwed.

Shot, I don't think they do...YET.
People are still coming up to speed on Bitcoin. Don't feel like it's maxed out yet. But it WILL eventually.

guitarjosh · 12-14-17, 03:30 AM

Bitcoin is supposed to by currency, IE a medium of exchange. Most of what is being used for now is a get rich quick scheme.

JIBBBY · 12-14-17, 03:57 AM

I got out of bitcoin.. I'm done..

I don't like anything about it other then it going up in value over time and maybe for a long term investment.. Still there is to much shady crap going on with it.. I don't like it any more for funding books or even for a long term investment.. If I need to invest long term in something I can find other stuff..

If I need to fund a sportsbook I'll use a creedit caard from now on and watch the activity on that card for a few weeks closely.. May even call it in a week later after all charges go thru and ask for a new card and number..

I don't like paying those bitcoin transfer fees from coinbase to wallet and wallet to bookie or where ever to cover up stuff.. Cashing out is a hassle too.. OUT ON BITCOIN....

chico2663 · 12-14-17, 05:13 AM

Originally posted by dlowilly

I think there is a lot of merit to that philosophy

I just don't think it's at that point. Yeah crypto is talked about a lot on here but your average person couldn't really tell you what a bitcoin is and probably has never heard of ethereum or litecoin

I'm assuming ur talking about crypto markets and not the stock market so I might be wrong

Sold 25 lite coins yesterday still have 30.cps of share 27 and sold for 370. Still have couple ethereum. Buddy of mine who used to be a finance guy at chase before he wreck his car thinks lite coin can be at 500 next year. He seems to think bit coin will hit 40,000 next year. he mines also

chico2663 · 12-14-17, 05:14 AM

Little fact for you big boys. Buy humana. walmart is going to buy them. They already turned down an offer

JIBBBY · 12-14-17, 04:57 PM

rkelly110 · 12-14-17, 05:05 PM

I don't wear shoes.

Grits n' Gravy · 12-14-17, 05:21 PM

Originally posted by JIBBBY

He ended up with 2 bullets in the head, leaking blood all over the floor. Blueprint for what needs to be done to all hardcore Trump supporters.

JIBBBY · 12-14-17, 05:22 PM

Originally posted by rkelly110

I don't wear shoes.

Don't insult the kung fu master!!!

JIBBBY · 12-14-17, 05:26 PM

Originally posted by Grits n' Gravy

He ended up with 2 bullets in the head, leaking blood all over the floor. Blueprint for what needs to be done to all hardcore Trump supporters.

rkelly110 · 12-14-17, 06:12 PM

Originally posted by JIBBBY

Don't insult the kung fu master!!!

Does he tie his mustache to his eyebrows to eat?

Chi_archie · 02-01-18, 01:12 PM

Boys running out of polish yet?